FAQs on Delhi Co- operative Societies Act, 2003
List of FAQs on Delhi Co- operative Societies Act, 2003
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What are the rights of a member under the Delhi Cooperative Societies Act, 2003?
- Right to get certificate of allotment
- Right to hold according to terms of allotment
- Right to transfer / inherit the property
- Right to undivided interest in common area
- Right to use the common area
- Right to attend meeting and vote
- Right to contest election
- Right to seek information from the society
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What is the procedure for expelling a member under the Delhi Cooperative Societies Act, 2003?
- Issuing Show cause notice
- Special resolution of the committee
- Filing resolution with the Registrar
- Registrar’s approval
- Proceedings before the Registrar
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Who can be members of a housing society under the Delhi Cooperative Societies Act, 2003?
- an individual competent to contract under section 11 of the Indian Contract Act, 1872 (9 of 1872);
- any other co-operative society;
- the Government;
- a firm, a joint stock company, or any other body corporate constituted under any law; and
- such class or classes of persons or association of persons as may be notified by the Government in this behalf
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Kind of societies that can be registered under the Delhi Cooperative Societies Act, 2003
- Thrift and Credit Co-operative Societies.
- Urban Co-operative Banks
- Industrial Co-operative Societies
- Labour & Construction Co-operative Societies
- Motor Transport Co-operative Societies
- Consumer Co-operative Societies
- Marketing Co-operative Societies
- Co-operative Federations.
- Group Housing/House Building Societies
- Security Services Co-operative Societies
- Co-operative Societies formed by professionals in the areas like IT, Education Art & Culture, Insurance, Women Empowerment etc.
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Role of Registrar under the Delhi Cooperative Societies Act, 2003
The Registrar ensures the proper functioning of the Cooperative Societies registered under the Act.
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Who appoints the Registrar of Cooperative Societies?
The Delhi Cooperative Societies Act, 2003, gives the power to appoint the Registrar of Cooperative Societies to the Lt. Governor, Delhi.
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What is Delhi Cooperative Societies Act, 2003?
Delhi Cooperative Societies Act, 2003 is an Act to consolidate and amend the laws relating to co-operative societies, to facilitate the voluntary formation and democratic functioning of cooperatives.